Nextracker Inc. (NXT)

NASDAQ: NXT · Real-Time Price · USD
70.12
+1.27 (1.84%)
At close: Sep 5, 2025, 4:00 PM
70.00
-0.12 (-0.17%)
After-hours: Sep 5, 2025, 7:52 PM EDT
1.84%
Market Cap10.38B
Revenue (ttm)3.10B
Net Income (ttm)544.65M
Shares Out 147.96M
EPS (ttm)3.67
PE Ratio19.11
Forward PE17.23
Dividendn/a
Ex-Dividend Daten/a
Volume1,950,952
Open69.50
Previous Close68.85
Day's Range67.36 - 71.27
52-Week Range30.93 - 71.27
Beta2.26
AnalystsBuy
Price Target63.44 (-9.53%)
Earnings DateOct 29, 2025

About NXT

Nextracker Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced ... [Read more]

Industry Solar
Sector Technology
IPO Date Feb 9, 2023
Employees 1,300
Stock Exchange NASDAQ
Ticker Symbol NXT
Full Company Profile

Financial Performance

In 2024, Nextracker's revenue was $2.96 billion, an increase of 18.38% compared to the previous year's $2.50 billion. Earnings were $509.17 million, an increase of 66.26%.

Financial Statements

Analyst Summary

According to 18 analysts, the average rating for NXT stock is "Buy." The 12-month stock price target is $63.44, which is a decrease of -9.53% from the latest price.

Price Target
$63.44
(-9.53% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Nextracker Introduces NX PowerMerge, a Transformative Electrical Balance of Systems (eBOS) Trunk Connector

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today announced the launch of its proprietary NX PowerMerge™ trunk connector, a next generatio...

1 day ago - Business Wire

Spot Potential Outlier Stocks Like Nextracker Early

Six outlier inflow signals since 2024 position Nextracker, Inc. (NXT) well for more Big Money support.

7 days ago - FXEmpire

Nextracker Releases Fiscal Year 2025 Sustainability Report

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today published its fiscal year 2025 Sustainability Report, highlighting significant progress ...

18 days ago - Business Wire

Undercovered Dozen: Petrobras, IonQ, Brookfield Infrastructure And More

This week's Undercovered Dozen spotlights 12 lesser-followed stocks, offering unique investment theses and actionable ideas for retail investors. Petrobras stands out for its massive 14% yield, low va...

24 days ago - Seeking Alpha

Casa dos Ventos Selects Nextracker for 1.5 GW of Solar Projects in Brazil

SÃO PAULO--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a leading solar technology platform provider, announced today it has been selected by Casa dos Ventos, one of Brazil's largest renewable energy co...

24 days ago - Business Wire

Why Nextracker's Stock Drop Is A Golden Opportunity For Long-Term Investors

Nextracker's Q1'26 results beat estimates, but shares fell due to margin pressure, high investments, and guidance concerns—none of which undermine the long-term thesis. Strategic investments in AI and...

4 weeks ago - Seeking Alpha

Nextracker: Buy This Solar Tech Leader On Its Upgraded Guidance, Growth, And Valuation

Nextracker's Q1 FY26 earnings beat expectations, with strong YoY growth, upgraded guidance, and a robust backlog, making the recent stock pullback a buying opportunity. NXT leads the solar tracking in...

5 weeks ago - Seeking Alpha

Nextracker's Moat Widens With AI, Robotics, And Automation

Nextracker continues to widen its competitive moat, growing market share to 26% and integrating AI, robotics, and automation through strategic acquisitions. Financial performance remains strong with 2...

5 weeks ago - Seeking Alpha

Nextracker Inc. (NXT) Q1 2026 Earnings Call Transcript

Nextracker Inc. (NASDAQ:NXT) Q1 2026 Earnings Conference Call July 29, 2025 5:00 PM ET Company Participants Sarah Lee - Head of Investor Relations Daniel Shugar - Co-Founder, CEO & Director Howard We...

5 weeks ago - Seeking Alpha

Nextracker Launches New AI and Robotics Business with Technology Acquisitions and New Executive Appointment

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today announced the launch of a new AI and robotics business initiative, anchored by the appoi...

5 weeks ago - Business Wire

Nextracker Reports First Quarter Fiscal Year 2026 Financial Results

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today announced financial results for the first quarter of fiscal year 2026, ended June 27, 20...

5 weeks ago - Business Wire

Nextracker: Clean Energy, Clean Financials, Cleaner Opportunity

Nextracker boasts a rock-solid balance sheet with zero debt, over $760 million in cash, and industry-leading profitability driven by an asset-light model and growing free cash flow. The company is evo...

7 weeks ago - Seeking Alpha

Why Nextracker Could Be the Next Big Money Outlier

Nextracker, Inc. (NXT) shares have drawn four Big Money outlier inflow signals since trading began in 2023.

2 months ago - FXEmpire

Nextracker to Announce First Quarter Fiscal 2026 Financial Results on July 29, 2025

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) will announce its first quarter fiscal 2026 financial results after the market closes on Tuesday, July 29, 2025. The company will hold a conf...

2 months ago - Business Wire

Clean energy stocks jump after tax on solar and wind projects is removed from Trump's big bill

Shares of renewable energy companies are rising after a tax on solar and wind was removed from the Senate version of the One Big Beautiful Bill Act. The Senate narrowly passed the legislation Tuesday ...

Other symbols: ARRYENPHFSLRRUNSEDG
2 months ago - CNBC

Trump's big bill threatens to raise taxes on clean energy industry by up to $7 billion, trade group says

Wind and solar projects that enter service after 2027 and exceed certain thresholds for Chinese components could see higher taxes, boosting the industry's burden by an estimated $4 billion to $7 billi...

Other symbols: ARRYENPHNEE
2 months ago - CNBC

Renewable energy stocks fall as Trump bill taxes Chinese components

Renewable energy shares fell on Monday as US President Donald Trump's new bill cuts incentives and adds taxes for companies. In the bill, the US government will add a tax on solar and wind projects th...

Other symbols: ARRYENPHNEE
2 months ago - Invezz

Solar stocks fall as Trump bill taxes components from China, phases out credits

The Senate is voting on a version of President Donald Trump's spending legislation that would slam the solar and wind industries. The legislation is close to a worst case scenario for renewable energy...

2 months ago - CNBC

The Big 3: NXT, ANET, SYK

Today's trading action added confidence to Dan Deming's perception on the markets, noting widening market breadth as a healthy sign for price action. On individual stocks, he sees growth opportunities...

Other symbols: ANETSYK
2 months ago - Schwab Network

IonQ ($IONQ) | Nextracker ($NXT) | MARA Holdings ($MARA) | QuantumScape ($QS)

Welcome to the Green Stock News brief for Wednesday June 25th. Here are today's top headlines: IonQ (NYSE: IONQ) has achieved the first known quantum computer simulation of double-beta decay, a rare n...

Other symbols: IONQMARAQS
2 months ago - Green Stock News

Nextracker Selected for Landmark European Solar Power Project

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global leader in advanced solar energy solutions, today announced that its NX Horizon™ solar trackers will power one of Europe's largest s...

2 months ago - Business Wire

Nextracker Remains Attractive As Demand Momentum Continues To Be Strong

Nextracker continues to capitalize on robust global demand, with strong international momentum and differentiated products resonating with clients' needs in challenging environments. NXT is widening i...

2 months ago - Seeking Alpha

Nextracker Expands Board of Directors

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global leader in advanced solar energy solutions, announced it has appointed Monica Karuturi, Mark Menezes, and Jeffrey Guldner to its Boa...

2 months ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Nextracker Inc. (NXT) And Encourages Investors to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / June 17, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (N...

2 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Nextracker Inc. (NXT) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / June 15, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (N...

2 months ago - Accesswire